FORD TO BUY ANOTHER CAR RENTAL COMPANY
By Adnews Staff
Ford Motor Co. of Detroit, Michigan is expanding its car rental business. The auto maker is buying Budget Rent a Car Corp. of Illinois. The deal will close in about six months. In Canada, advertising for both Budget and Ford is done by Young & Rubicam of Toronto. Budget has 388 outlets across Canada. Budget is a major buyer of Ford cars and trucks. Ford already owns Hertz Corp. car rental company.
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